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Sandvik appoints new Vice President investor relations

May, 25 2012

(Sandviken, Sweden) -- Magnus Larsson has been appointed Vice President Investor Relations (IR) reporting to Ola Salmen, Executive Vice President and CFO at Sandvik.

Magnus has been working at Sandvik's IR department the past four years and has held several financial positions within and outside Sandvik in his earlier career. He succeeds Jan Lissaker who has assumed the position as Executive Vice President Group Communications.

The appointment becomes effective immediately and the recruitment of a new Investor Relations officer will commence at once.

The Sandvik Group

Sandvik is a global industrial group with advanced products and world-leading positions in selected areas -- tools for metal cutting, equipment and tools for the mining and construction industries, stainless materials, special alloys, metallic and ceramic resistance materials as well as process systems. In 2011, the Group had about 50,000 employees and representation in 130 countries, with annual sales of nearly 94,000 MSEK.

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